Scale name: Perceived Retirement Savings Adequacy 

Description: This 3-item scale taps the extent to which individuals believe they are saving adequately to support themselves in retirement.

Source: Van Dalen, H. P., Henkens, K., & Hershey, D. A. (2010). Perceptions and expectations of pension savings adequacy: A comparative study of Dutch and American workers. Ageing and Society, 30(5), 731-754.

Cronbach's alphas: 0.83 (American sample); 0.74 (Dutch sample)

Response format: Likert-type response format using certainty ratings for item #1 (see below). Item numbers 2 and 3 use a five-item agreement scale (1 = strongly disagree; 5 = strongly agree) .

Instructions: Using the five-point scales provided, please indicate the extent to which you agree or disagree with each of the following statements.

Items:

            1. Do you think you will have enough money to live comfortably throughout retirement?

__ Certainly not  __ Probably not  __ Maybe  __ Probably  __ Yes, certainly  

            2. I expect to have a good retirement income. 

            3. I am saving enough to retire comfortably. 

           

 

                                             

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